Sprout Mortgage enhanced its non-QM offerings to include a new max 85% LTV on most loan programs, reduced rates across its entire program offering and increased maximum loan amounts at lower loan-to-value levels on its Select program series.
For independent mortgage bankers, developing sound judgment can strengthen recruiting, retention, and long-term performance
Mentorship in mortgage lending is as important as ever in our rapidly changing and complex industry. For independent mortgage bankers in particular, the stakes are high. Compressed margins, elevated rates, and intensifying competition for experienced loan officers have made ...
Mike Kortas calls loanDepot a "sinking ship" in social media post while promoting NEXA's recruiting package as the two companies remain embroiled in litigation
Editor's note: This story has been updated to provide additional context about the New York Stock Exchange's continued listing standards and compliance process. The increasingly public rivalry between NEXA Lending CEO Mike Kortas and loanDepot took another turn Thursday, wit...
New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools